The London Business Hub have launched a new grant programme for SMEs, funded by the European Regional Development Fund (ERDF).
As part of the programme, eligible SMEs can access grants of between £1,000 and £5,000. Please also be aware that the grant cannot retrospectively fund activity that has already started. Your application must include a quote for the activity you wish the grant to fund but you cannot commission the work until your application has been confirmed as successful and you have received and grant offer letter.
In their applications, businesses must show that the activity the business is applying for is to assist with COVID-19 recovery plans, and is not “business as usual” or related to personal protective equipment (PPE), social distancing, or other regulatory activity. They must also The grant support is vital to progressing the activity the business is applying for (i.e. the activity wouldn’t be possible without the grant support).
Applications open at 10.30am on Friday 16th October 2020. A link to the full application will be made available on the London Business Hub website.
Applications will be reviewed and assessed on a first come, first served basis. For full terms and conditions and further details, please visit here.
The London Business Hub are also running a webinar on the 15th of October to cover application process and to answer any further questions businesses have. For further details and to register, please see here.